BUZZ-Hormel Foods up after annual profit forecast above estimates

Reuters12-04

** Shares of Skippy peanut butter maker Hormel Foods <HRL.N> up about 5% at $24.37 premarket

** Expects FY2026 adjusted EPS between $1.43 and $1.51, with the midpoint above analysts' average estimate of $1.45, as per data compiled by LSEG

** Also logs quarterly net sales of $3.19 billion, compared with $3.14 billion a year ago

** Up to last close, stock down nearly ~26% YTD

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))

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